News & Analysis
It’s something of an understatement to say that Glenn Greenwald and Pierre Omidyar’s new journalism organisation has caused internal debate here at Pando. On the one hand, Mark Ames and Yasha Levine have expressed serious concerns over Greenwald’s monopolization and privatisation of Snowden’s Secrets (TM), and have also questioned his unwillingness to address aspects of Omidyar’s previous business...
In the privacy scandals, Twitter has been heralded as a standout bastion of user security. Where companies like Facebook have been roundly criticized for confusing and ever changing privacy settings, Twitter has tread carefully around sharing data with advertisers. Unlike Google and Facebook, the company respects users’ browser “Do Not Track” setting. Twitter was alsoThanksgiving has never only been about togetherness and gratitude. For almost a century the holiday has also been about grand parades, and it’s been associated with football even longer. People want to be entertained while they devour turkey and enjoy — ahem — a day with their families. Flurry, a mobile ads and analytics company, today
Y Combinator introduces safe, a new early stage funding structure. Promises all the good of convertible notes, none of the badWant to know where the startup ecosystem will be in six months time? Look at where Y Combinator (YC) is today. The uber-accelerator has become a leading indicator of where the startup zeitgeist is going, whether it’s charting the hottest investment sectors du jour or setting the new standard in pro-entrepreneur seed round valuation and terms. Today, the firm is...While fallings out between startup founders aren’t unusual, it’s not often that they come to litigation. And it’s full-on weird when one of the parties in that litigation — the founder and CEO of the company — is also the Vice-Mayor of Sausalito. Jonathan Leone, Sausalito’s Vice-Mayor and self-purported President and CEO of concert ticketing start up Thrillcall,...Twitter CEO Dick Costolo seemed momentarily taken aback at last night’s PandoMonthly in San Francisco when Sarah Lacy asked him “how big of a fuck up” it was that Twitter missed out on acquiring Instagram. “How much of a fuck up was it?” Costolo asked, as if he were surprised, and perhaps ever so slightly insulted, by the question. Given...Prior to joining Twitter, Dick Costolo spent two years working with Susan Wojcicki at Google. During those two years, he learned a few things that he would apply to his work at Twitter first as its chief operating officer and then as its chief executive. Perhaps unsurprisingly, the two things he mentioned during tonight’s PandoMonthly event were about quantification and communication....Organic, cage-free, or home-grown? We think about our purchasing ethics in many areas of daily life, but not often about technology. As with any product, though, we should think about the effects of our actions on workers and the environment. The idea of cage-free phones may sound silly, but for certain types of workers it’s a stark reality. A mobile...Dick Costolo launched his first companies in Chicago, where just like every new founder he had to do the long hard slog of raising money. Almost two decades later came the roadshow to take Twitter public. Speaking at tonight’s PandoMonthly in San Francisco, Costolo told Sarah Lacy there’s not much of a difference between the two. Selling is selling, whether...Twitter’s IPO was in many ways defined by what Facebook’s IPO was not. The company’s pre-IPO acquisition was a nuts-and-bolts adtech company like Mopub, not a shocking $1 billion play for a hot zero revenue app like Instagram. The company’s CEO was an experienced operations guy in his 40′s, not a young, hoodie-wearing visionary. Where Facebook’s S-1 featured a manifesto...In Twitter’s early days, the company was known seemingly more for its fail whale than it was for offering any clear value as a consumer Web product. During tonight’s PandoMontly fireside chat with CEO Dick Costolo, Sarah Lacy described that era as a “shit show.” Others in Silicon Valley have called the company a “weed” that by all conventional startup...It’s hard to know who is monitoring your location, online activities, or the people with whom you interact. It’s even harder to know how they got that information. Did they intercept messages between data centers? Have they secretly asked companies for user information? Is their seemingly-harmless Android app secretly collecting and sharing user data? The first two...Last night’s New York Tech Meetup was prologued by an impromptu appearance from well-known New York Senator Chuck Schumer. While his words were nice, he said nothing particularly new or enthralling. “My job,” he began, “is to keep tech growing in New York.” Growth in tech is good for the city, as well the hope for immigration reform, he added....Here at the dawn of the Digital Era, many issues remain up for debate. Appropriately, most of these debates are happening on or around the Internet, and unsurprisingly, few of them show signs of being resolved. The basic problem is this: The Internet revolution has happened so quickly and has brought such rapid change that we don’t really know how...First, the huge metric. Last month, Upworthy pulled in 87 million unique visitors. For an 18-month-old media company, that is simply jaw-dropping, even accounting for the much talked about Facebook Surge. It’s almost twice as many uniques as Upworthy’s previous record month, October, in which it netted 47 million. But this time round, Upworthy is going out of...